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This Financier Worldwide article discusses why embracing ESG is no longer a choice but a necessity for modern businesses. It explores how this shift towards sustainability isn't just about compliance; it's about aligning strategies with global development goals and ensuring resilience in the face of evolving risks. Read more here:

This was a very interesting article that points out two themes I’ve been emphasizing: 1) ESG reporting is continuously being more focused on the “E” Environment. a.  The term “Sustainability” is likely to replace on the agenda although they are not the same. b.  Social and Governance need to be in the fabric of the Company’s culture, its customers, and stakeholders as missteps can have significant repercussions. i.  In the PWC survey (link available in the article), 66% respondents stated “ESG means different things to different people” and I couldn’t agree more. 2) Many companies are behind in addressing carbon emission reporting requirements. This is a very complex topic that will take time to implement effectively and obtain the intended benefits to not only the environment, but the Company’s bottom line and valuation. a. Only 67% of surveyed board members discussed carbon emissions at least once in the past year! b. With the passage of the SEC’s The Enhancement and Standardization of Climate-Related Disclosures for Investors on March 6, 2024, this number should now be 100%!   Carbon emission and sustainability reporting will continue to grow in importance, affecting both public and private companies. Let’s connect if you want to learn more. #AskMarcum https://lnkd.in/e76_khap

Is your business ESG-ready? Ensure ethical sourcing, responsible operations, and good governance with PCIL's comprehensive ESG solutions. Partner with us for a sustainable future. https://lnkd.in/dtTK_GzR #ESG #Sustainability #PCIL #ESGReady #SustainableBusiness #EthicalSourcing #ResponsibleOperations #GoodGovernance #ESGSolutions #CorporateResponsibility #SustainableFuture #EthicalBusiness #ESGCompliance

🌿 Exploring the “Sustainability & Assurance” category offered by ESGL 📊 🔍 In the “Sustainability & Assurance” category offered by ESGL, you will find resources discussing the importance of both internal and external assurance in ESG reporting, as well as other ESG and sustainability initiatives that organizations undertake to become more sustainable and integrate sustainability into their business models. 📈 In particular, there is an emphasis on the importance of the internal audit's role in providing an independent and objective review of the effectiveness of ESG strategy implementation, conducting ESG risk assessments, evaluating an organization’s ESG maturity, ensuring proper governance structure and oversight, validating ESG risk management goals, evaluating the ESG risk management framework, and much more. 🌍 How can an ESG Audit help in ESG assurance? An ESG audit is an assessment of the risks an organization faces related to environmental, social, and governance areas. It can provide a level of assurance over the integrity of an organization's ESG statements, and help organizations manage ESG risks and capture opportunities most relevant to its ESG goals. 📘 ESG reports help provide transparency to stakeholders and by establishing transparent and measurable sustainability goals, risks such as greenwashing can be identified and mitigated. Thereby the audit of ESG reporting can allow companies to track progress towards sustainability goals, attract investors, and demonstrate a commitment to responsible business practices. Compliance with ESG regulations, staying informed about evolving standards, and fostering a culture of sustainability within the organization are essential for long-term success, attracting customers and building a good reputation. 📚 In this section offered by ESGL, you will find resources on ESG disclosures, ESG data, ESG reporting, ESG Audit, Greenwashing, and more. 🔗 Visit https://lnkd.in/gWXQWHUB to learn more about the important role of auditing and reporting in seeking sustainability and assurance. Follow ESGLibrary on: Instagram: https://lnkd.in/dCNyz4bE Facebook: https://lnkd.in/dn4Pp328 X: https://lnkd.in/dS3wxAcS #ESG #ESGL #ESGLibrary #Environmental #Social #Governance #Leadership #Goals #Audit #InternalAudit #Assurance #Regulations #Frameworks #ESGreport #ESGreporting #ESGdata #Greenwashing #Transparency #ESGdisclosure #CSR #Accountability #Sustainability #ESGrisk #CSR #ESGstrategy #ESGrisks

As companies publish their 2023 ESG reports, ask yourselves (after taking a breath!), how can we improve the initiatives we have developed in the last 12 months? Continuous improvement should be at the heart of your ESG programme but when you are so close to the programme, maybe even developed it yourself, it can be difficult to be objective and identify areas for improvement. Speeki Assessments gives you an independent review of the programmes for each of your ESG material topics conducted by experts. We start at the beginning and work through your entire programme and provide a gap analysis against best practices that you can implement to drive transformative results. We don't just give you a scorecard, we give you a roadmap for improvement. Contact me to find out more. https://lnkd.in/gpND4xiZ #esg #sustainability #compliancemanagement #esrs #csrd #ifrs #sasb https://lnkd.in/gpXpa3ez

This is an interesting article posted by Funds Europe which talks about the challenges in respect of investing in ESG, and includes some interesting statistics on where the industry sees the issues falling https://lnkd.in/epxveazC

ESG and Climate Risk Assessment: Navigating the New Business Imperative  The financial world is undergoing a significant transformation as Environmental, Social, and Governance (ESG) factors, particularly climate risk, become central to investment decisions and corporate strategy. With Australian commitment to reduce emissions by 43% by 2030 and achieve net zero emissions by 2050, it's clear that this isn't just a trend – it's the future of business. ESG assets surpassed $30 trillion in 2022 and are on track to surpass $40 trillion by 2030. The forecast suggests that by 2030, 25% of the $140 trillion AUM globally will be ESG assets. (Based on *Bloomberg Intelligence data) . The ESG Reporting Landscape  A key element of this shift is the evolving landscape of sustainability reporting. Companies are under increasing pressure to disclose their ESG performance, aligning with standards such as the Australian Accounting Standards Board (AASB), the Task Force on Climate-related Financial Disclosures (TCFD), and global initiatives like the International Sustainability Standards Board (ISSB).  This reporting isn't just about compliance; it's about building trust and competitive advantage. Consumers are increasingly seeking ethical brands, and investors are pouring trillions into responsible investment strategies. ESG excellence can drive consumer loyalty, attract capital, and enhance brand reputation. From "Nice to Have" to "Must Have"  Historically, ESG might have been considered a "nice to have." However, with mounting evidence of climate change impacts and growing stakeholder demands, ESG is now a "must have." It's not just about ticking boxes; it's about embedding sustainability into the DNA of your business.  This journey starts with defining what ESG means for your specific organisation.  < What are your priorities? >  < What are your stakeholders' concerns? >  < How can you integrate ESG into your governance and risk management processes? > Thank you Winnie Lai Hadad 黎德花 for the invitation to Lavan - ESG Reporting: Key Risks & Key Rewards (panel event) . Great to seeing you and hearing your contribution to the panel, Rabia Siddique QCVS BA LLB GAICD FAIM CSP

Last week's webinar on Demystifying ESG reporting hosted by ECG - The Association of European Vehicle Logistics was an absolute game-changer. The webinar featured Mary P Foley, Expert Services Director at Enhesa, and Forbes contributor on ESG, who shared essential insights into aligning Environmental, Social & Governance (#ESG) policies with the Corporate Social Responsibility Directive (#CSRD). Ready to dive deeper into the world of #sustainability reporting? Take a look at the webcast of our recent webinar where we delve into "Sustainability reporting: how global trends affect compliance." Get actionable insights to ensure your company's ESG policies are CSRD compliant > https://lnkd.in/eJhYMm8P

I’ve just completed a introductory course to ESG and looking forward to learning more about ESG

An article of mine covering the hot topic of ESG was just published in the AuditBoard blog! It’s a quick read with some thought provoking and insightful comments from those that have been through starting and sustaining an ESG program. Enjoy! Thanks to the amazing contributors: Jannies Burlingame, CPA,CRMA Ali Glickstein